Economic Development in Today's Competitive Market A presentation by David Swenson from the York County Economic Development Board at the Greer Development Corporation's Annual Meeting on November 5, 2015 at Greer City Hall.

1. Economic Development
Today’s Competitive Market
11/5/2015

2. THANK YOU!

3. Competitive ED Landscape
• Approximately 2,000 Economic Development
Agencies in the US
• Timelines for business location decisions
continue to shorten
• Companies have cash and are making
investments
• Perceptions are real, information is power,
relationships drive opportunity, and action
produces results

4. -
2,000
4,000
6,000
8,000
10,000
12,000
14,000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
12,599
10,808
7,600
5,793
6,905
6,482
4,906 4,888
4,425 4,345
4,623
4,978
5,580 5,789
Total US
North Carolina
South Carolina
New Facilities and Expansions, by year
Increasingly Competitive Landscape
Source: Conway Data, New Plant Database, 2000-2013

5. -
2,000
4,000
6,000
8,000
10,000
12,000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
1,827 1,845
1,284 1,061 1,238 1,144 1,320 1,321 1,129 947 1,050 1,124 1,185 1,203
3,577
2,863
1,891
1,765
2,131 2,044 1,756 1,869
1,348 1,470
1,632 1,617 1,848 1,947
6,525
6,100
4,425
2,967
3,536
3,294
1,830 1,698
1,948 1,928
1,941
2,237
2,547 2,639
Other Facilities
Manufacturing, Expansion
Manufacturing, New
New Facilities and Expansions, by year
Increasingly Competitive Landscape
Source: Conway Data, New Plant Database, 2000-2013; other facilities includes office, headquarters,
distribution centers, research and development facilities and mixed-use facilities.

6. Top Drivers of Company Relocation Today

7. Top Location Factors of Company
Relocation Today

8. Competition for Attention
How Site Selectors Gather Information?

9. Which Southeast Locations Compete

10. Locations that Are Top of Mind for?
High-Quality Manufacturing Workforce

11. Locations that Are Top of Mind for?
Top Overall Manufacturing Location

12. Locations that Are Top of Mind for?
Top Logistics Location

13. Locations that Are Top of Mind for?
Strong Incentives for Business

14. Locations that Are Top of Mind for?
Pro-Business Tax/Regulatory Climate

15. Locations that Are Top of Mind for?
Beautiful Downtown

16. Locations that Are Top of Mind for?
Great Outdoor Recreation

17. Locations that Are Top of Mind for?
Proximity to World-Class Colleges & Universities

18. Perceptions: What Words Describe?
Charlotte, NC

19. Perceptions: What Words Describe?
Columbia, SC

20. Perceptions: What Words Describe?
Greenville, SC

21. Characteristics of Successful ED
• Vision – Shared, Tested, Impactful
• Focus on Key Factors that Differentiate Market
– Workforce, Product, Costs, Infrastructure, Quality of
Life
• Cultivate Relationships & Collaborative
Partnerships
• Engage Participants at All Levels
• Invest Long-Term, Measure and Remain Flexible

22. Questions?